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Business and Money Archive

January 8, 2007
The Brain in Thain

The man who’s revolutionizing the New York Stock Exchange is a shrewd, calculating technocrat who turned its iconic trading floor into a machine—but he’s also the affable mensch who is managing to persuade the traders to go along with their own extinction.

January 8, 2007
Lucky 2007

An equity shortage, a new M&A boom, a weak dollar, and lower interest rates point to another year of big winnings on Wall Street.

December 25, 2006
G-Man Looks to Privatize

NYSE sure looked nice.

December 25, 2006
Because Daniel Goldstein Can’t Be Bought, Not Even With Bruce Ratner’s Millions

“We’re not cranks, unless letting powerful people do whatever they want, without any public review or regard to law, makes you a crank. That sounds more like a citizen to me—a New Yorker,” Goldstein says.

December 25, 2006
Because Happy Days Aren’t Just Here Again. They’re Gonna Stick Around for a While

This year, the Dow Jones cleared the 12,000 bar for the first time, the Standard & Poor’s 500 climbed to five-year highs, and the city’s unemployment rate hit a 30-year low. That’s nothing. Wait until you see what’s going to happen next.

December 11, 2006
The Tipping Pointer

To figure out how much you should give, it helps to know what other people are giving. We surveyed 60 workers in New York’s service sector about what they’ve gotten in the past and what they’re expecting this month.

November 27, 2006
Attention, Wal-Mart Shoppers

The real problem isn’t the global megaretailer’s rapacious image. It’s the company’s flagging business fortunes.

November 20, 2006
Sold Short

The computerization of the Big Board is quickly turning the trading floor into a ghost town.

November 20, 2006
The Perfect Score

SATS: 1600. Harvard graduate: age 19. Ryan Leslie: hip-hop’s unlikely new star-maker.

November 6, 2006
The New York Nut

A choose-your-own-adventure cost-of-living calculator*